Bloomberg News

Folli-Follie, Setur Get Greek Marina Concession,Kathimerini Says

March 02, 2012

Folli Follie SA (FOLLI) and Setur Servis Turistik AS won a concession to operate a marina on the Greek island of Mytilini for 40 years, Kathimerini said.

The group will pay 250,000 euros ($331,100) a year and will invest about 630,000 euros in upgrading the marina, which will have restaurants, shops and offices for customs and the coast guard, the Athens-based newspaper reported, without saying where it got the information.

Setur Servis is a unit of Koc Holding AS (KCHOL), which is Turkey’s biggest group of companies.

To contact the reporter on this story: Natalie Weeks in Athens at nweeks2@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net


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